PREPARE Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (May 13, 2021)
Providing Resources for Emergency Preparedness And Resilient Enterprises Act or the PREPARE Act
This bill reauthorizes through FY2026 a pre-disaster mitigation program, administered by the Small Business Administration, for disbursing economic injury disaster loans to small businesses for protection of real estate, equipment, inventory, supplies, and materials. The bill also increases the amount for loans to take mitigating actions to protect damaged or destroyed property from possible future disasters.
What just happenedMay 13, 2021
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Who’s behind it
- Introduced in SenateMay 13, 2021
- May 13, 2021IntroReferral
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Small Business and Entrepreneurship Committee - May 13, 2021IntroReferral10000
Introduced in Senate